ADP: confirms annual forecasts
(CercleFinance.com) - In Q1 2018, Groupe ADP (Aéroports de Paris) saw its overall passenger traffic increase by 13.
6% to 53.7 million passengers, with TAV 100%-consolidated.
For the Paris Aéroport division, this rate reached 3.7% at 22.8 million 'pax', with the main catalysts being low-cost airlines (+10.1%) and international traffic (+6.3%).
Over the period, mainly thanks to TAV's global integration since 1 July 2017, ADP's consolidated sales rose by 37.3% to 965 million euros. However, this growth falls to 2.8% excluding this item, at 723 million euros.
Finally, the French airport operator has confirmed its forecasts, including: traffic growth of 2.5% to 3.5% in 2018 for Paris Aéroport, with 10% to 12% growth for its Turkish subsidiary TAV Airports.
Consolidated EBITDA is still expected to increase by 10ù to 15% over the full year, with the full-year impact of the global integration of TAV Airports, and without taking into account the changes in consolidation scope that would occur this year.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
6% to 53.7 million passengers, with TAV 100%-consolidated.
For the Paris Aéroport division, this rate reached 3.7% at 22.8 million 'pax', with the main catalysts being low-cost airlines (+10.1%) and international traffic (+6.3%).
Over the period, mainly thanks to TAV's global integration since 1 July 2017, ADP's consolidated sales rose by 37.3% to 965 million euros. However, this growth falls to 2.8% excluding this item, at 723 million euros.
Finally, the French airport operator has confirmed its forecasts, including: traffic growth of 2.5% to 3.5% in 2018 for Paris Aéroport, with 10% to 12% growth for its Turkish subsidiary TAV Airports.
Consolidated EBITDA is still expected to increase by 10ù to 15% over the full year, with the full-year impact of the global integration of TAV Airports, and without taking into account the changes in consolidation scope that would occur this year.
Copyright (c) 2018 CercleFinance.com. All rights reserved.